GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RF Capital Group Inc (OTCPK:GMPXF) » Definitions » Cyclically Adjusted PB Ratio

RF Capital Group (RF Capital Group) Cyclically Adjusted PB Ratio : 0.29 (As of Jun. 07, 2024)


View and export this data going back to 2009. Start your Free Trial

What is RF Capital Group Cyclically Adjusted PB Ratio?

As of today (2024-06-07), RF Capital Group's current share price is $5.61. RF Capital Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $19.54. RF Capital Group's Cyclically Adjusted PB Ratio for today is 0.29.

The historical rank and industry rank for RF Capital Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

GMPXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.68   Max: 2.22
Current: 0.29

During the past years, RF Capital Group's highest Cyclically Adjusted PB Ratio was 2.22. The lowest was 0.18. And the median was 0.68.

GMPXF's Cyclically Adjusted PB Ratio is ranked better than
89.17% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs GMPXF: 0.29

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

RF Capital Group's adjusted book value per share data for the three months ended in Mar. 2024 was $10.263. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $19.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RF Capital Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RF Capital Group's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RF Capital Group Cyclically Adjusted PB Ratio Chart

RF Capital Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.55 0.63 0.40 0.28

RF Capital Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.33 0.18 0.28 0.27

Competitive Comparison of RF Capital Group's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, RF Capital Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RF Capital Group's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RF Capital Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where RF Capital Group's Cyclically Adjusted PB Ratio falls into.



RF Capital Group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

RF Capital Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.61/19.54
=0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RF Capital Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, RF Capital Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.263/126.2576*126.2576
=10.263

Current CPI (Mar. 2024) = 126.2576.

RF Capital Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 34.459 99.473 43.737
201409 34.248 99.394 43.504
201412 31.306 98.367 40.182
201503 28.549 99.789 36.121
201506 29.486 100.500 37.043
201509 26.425 100.421 33.224
201512 24.218 99.947 30.593
201603 23.963 101.054 29.940
201606 24.558 102.002 30.398
201609 21.528 101.765 26.709
201612 21.467 101.449 26.717
201703 21.988 102.634 27.049
201706 17.367 103.029 21.283
201709 18.588 103.345 22.709
201712 18.804 103.345 22.973
201803 18.610 105.004 22.377
201806 18.698 105.557 22.365
201809 19.372 105.636 23.154
201812 18.194 105.399 21.795
201903 15.530 106.979 18.329
201906 15.059 107.690 17.655
201909 12.356 107.611 14.497
201912 9.276 107.769 10.867
202003 8.246 107.927 9.646
202006 8.119 108.401 9.456
202009 7.714 108.164 9.004
202012 13.213 108.559 15.367
202103 13.041 110.298 14.928
202106 13.364 111.720 15.103
202109 12.160 112.905 13.598
202112 12.120 113.774 13.450
202203 12.064 117.646 12.947
202206 11.910 120.806 12.447
202209 11.176 120.648 11.696
202212 11.094 120.964 11.580
202303 10.729 122.702 11.040
202306 10.673 124.203 10.850
202309 10.443 125.230 10.529
202312 10.452 125.072 10.551
202403 10.263 126.258 10.263

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


RF Capital Group  (OTCPK:GMPXF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


RF Capital Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of RF Capital Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


RF Capital Group (RF Capital Group) Business Description

Traded in Other Exchanges
Address
100 Queens Quay East, Suite 2500, Toronto, ON, CAN, M5E 1Y3
RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.

RF Capital Group (RF Capital Group) Headlines